GENAC reports year end net profit of $149.24 million
Coleeann Hutchinson2022-06-28T11:44:57-05:00June 28, 2022 General Accident Insurance Company Limited (GENAC), for the year ended December 31, 2021 reported gross premium written of $13.96 billion, 16% higher than the $12.04 billion reported for 2020. Reinsurance ceded also rose by 16% to close at $10.49 billion relative to $9.07 billion booked in 2020. Excess of loss reinsurance trended